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prakash constrowell ltd (PRAK) Details

Prakash Constrowell Limited, a construction company, engages in the infrastructure development and civil construction businesses in India. It provides integrated engineering, procurement, and contracting services. The company focuses on infrastructure development projects, such as construction and maintenance of roads/highways; bridges, including projects on public private partnership model; industrial parks; workshops; hospitals; and educational institutions, as well as residential and commercial real estate construction. It is also involved in civil construction projects comprising government staff quarters, hostel buildings, and auditoriums. In addition, the company engages in the construction of airports, godowns, townships, health care centers, and institutional campus with related utility services, as well as in the real estate development activities. It undertakes projects for various government/semi-government bodies and other private sector clients. Prakash Constrowell Limited was founded in 1978 and is headquartered in Nashik, India.

prakash constrowell ltd (PRAK) Key Developments

Prakash Constrowell Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the company's net sales /income from operations was INR 260.503 million compared to INR 412.164 million a year ago. Profit from operations before other income finance cost and exceptional items was INR 24.553 million compared to INR 10.337 million a year ago. Profit from ordinary activities before tax was INR 13.758 million against INR 6.594 million a year ago. Net profit was INR 9.294 million or INR 0.07 per basic and diluted share before and after extraordinary items compared to INR 4.516 million or INR 0.04 per basic and diluted share before and after extraordinary items a year ago.
For the nine months, net sales /income from operations was INR 672.533 million compared to INR 896.512 million a year ago. Profit from operations before other income finance cost and exceptional items was INR 62.777 million compared to INR 46.572 million a year ago. Profit from ordinary activities before tax was INR 34.72 million against INR 19.962 million a year ago. Net profit was INR 23.490 million or INR 0.19 per basic and diluted share before and after extraordinary items compared to INR 13.670 million or INR 0.11 per basic and diluted share before and after extraordinary items a year ago.

Prakash Constrowell Limited Announces Board Changes

Feb 13 15

Prakash Constrowell Limited appointed Mrs. Jyoti Rathi as Independent Woman Director of the company in place of casual vacancy created due to resignation Mr. Jayant Phalke, Independent Director of the company subject approval of members in the ensuing general meeting of shareholders.

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